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This Thanksgiving, we have reasons to be thankful. Despite challenges like inflation and Russia's war, there has been progress. Gas prices have dropped $1.70 from their peak, airline tickets are down 13%, and car rentals are down about 10%. Grocery inflation is at its lowest in over 2 years, with prices for eggs, milk, bacon, and fresh veggies lower than last year. The cost of a Thanksgiving dinner has also fallen, with prices down for turkey, stuffing, peas, cranberries, pie crust, and whipping cream. Wages are rising, making this Thanksgiving dinner the fourth cheapest ever as a percentage of average earnings. Additionally, prices for toys, used cars and trucks, and TVs have decreased since last year. President Biden's priority is to lower costs for Americans and bring relief to families by strengthening supply chains, reducing energy and healthcare costs, and banning hidden junk fees.

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The cost of basic food items is up. Eggs are up 48%, cookies are up 27%, and butter is up 31%. This is just the beginning, and it's a disaster.

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Joe Biden's economic agenda, known as Bidenomics, is characterized by increased spending, regulation, and higher taxes. However, it has resulted in negative consequences for the American people. Gas prices have reached a record high of over $5 a gallon, inflation is at a 40-year high, and real wages have been declining for 26 months. Additionally, Americans now owe nearly $1 trillion in credit card debt. The cost of housing, electricity, natural gas, and food has also significantly increased. Bidenomics has left one-third of Gen Z and Millennials with no savings. In contrast, President Trump's economy saw increased wages, historic low unemployment rates, and a thriving stock market. Trump created 7 million new jobs and achieved record lows in unemployment rates for various demographics. Trump's success on the economy is unmatched by other candidates.

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Jay Trump claims that everyday prices are too high due to "Bidenomics," citing increased costs for food, rent, gas, and clothing. He states that a loaf of bread and ground beef both cost approximately 50% more. Trump asserts that these rising prices leave people with less money at the end of the month and make it difficult to get ahead. He contrasts this with the statement that "Bidenomics is working" and that "we are very proud of Bidenomics."

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Biden's America is shown in a grocery store with high prices: $6.19 for Lay's potato chips and $12 for ground beef before discount.

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Middle-class Americans are facing tax increases under Biden's plan to let Trump-era tax cuts expire. Examples show a single filer with 2 kids making $52,000 would see a $1,474.50 increase, while a couple with 3 kids making $200,000 would see a $7,449.56 increase. Biden claims no new taxes for those making less than $400,000, but the middle class is hit hard. Inflation and tax hikes are hurting those least able to afford it. The middle class is shrinking, and rising costs are felt everywhere, from sales tax to grocery bills.

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With less than a year until the 2024 presidential election, Democrats are abandoning the term "Bidenomics" as the economy under Biden faces increased criticism. Since taking office, consumer prices have risen by over 17%, gasoline prices by over 35%, and credit card debt by over 40%. On the other hand, wages have decreased by nearly 3%. The president continues to emphasize job numbers, despite Americans being more concerned about inflation and rising prices, which have surpassed 3%. The Wall Street Journal highlights this discrepancy, noting that the president's focus on jobs presents a more favorable image for him.

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Under the previous shopping conditions, $30 could buy you several items including bread, eggs, milk, ground beef, chicken breasts, and Coke. However, due to the current economic policies, you can now only purchase limited items such as a loaf of bread, a dozen eggs, a gallon of milk, a pound of ground beef, three chicken breasts, and one Coke. This demonstrates the impact of the administration's actions and inflation on the American people.

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When Joe Biden and Kamala Harris took office, over 10 million jobs had been lost during the height of the pandemic, and hundreds of people were dying daily due to COVID. The economy had crashed, in large part due to Donald Trump's mismanagement of the crisis. Their highest priority was to rescue America. Inflation is now under 3%, and America recovered faster than any wealthy nation. However, grocery prices are still too high. Harris's agenda includes bringing down the price of groceries by dealing with issues like price gouging.

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Eggs cost under $1.50 a dozen when Kamala Harris took office, but now cost around $4 due to her inflationary policies. Pennsylvania has seen some of the worst grocery price increases in the nation because Harris cast the deciding vote on the "inflation explosion act." Pennsylvanians should be able to afford groceries, but Harris has presided over a $1,000 increase in monthly expenses to afford the same life as three and a half years ago. The speaker believes that firing Kamala Harris and returning to common sense economic policies is the only way to make groceries affordable again.

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Donald Trump governs financially better than Joe Biden. Inflation is not a global issue due to COVID supply chain disruptions. Prices for gas, groceries, and dining out have risen since Trump left office, attributed to Biden's regulations on industries. Trump would remove regulations to provide relief to Americans.

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I will immediately bring prices down starting on day one. That is simply not true. Since day one of my predecessor's presidency, prices have not gone down; they have gone up. Inflation is getting worse. The prices of gas are high. Their plan is awful. The Republican plan is simple: Billionaires win, and families lose. That is the truth.

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The cost of basic foods is increasing. Eggs are up 48%, cookies are up 27%, and butter is up 31%. This is just the beginning, and it's a disaster.

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Economic growth at the time of inauguration was at 2.8%. The bottom 20% of workers saw the largest real wage gains during the Biden administration. Since January 20, the stock market overall has gone down 1.3% and gas has gone up. The current president said he was going to bring down the cost of living, but costs have not gone down. If this legislation is not passed, it will trigger the largest tax hike because of the 2017 tax cut. Only 12% of hourly workers receive overtime. Only 2.5% of American workers are affected by tips, and only 40% of tip earners file federal taxes. There's no acceleration of economic growth in this legislation because there's not being meaningful cutting of tax rates. Savings were said to be $2,150,000,000,000. Prices are down substantially since February 2025. The stock market, as judged by the S&P, is up on the year.

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Joe Biden's economic agenda, known as Bidenomics, is characterized by increased spending, regulation, and higher taxes. However, it has resulted in negative consequences for the American people. Gas prices have reached a record high of over $5 a gallon, inflation is at a 40-year high, and real wages have been declining for 26 months. Additionally, Americans now owe nearly $1 trillion in credit card debt. The cost of housing, electricity, natural gas, and food has also significantly increased. Bidenomics has left one-third of Gen Z and millennials with no savings. In contrast, President Trump's economy saw increased wages, historic low unemployment rates, and significant job creation. Trump's policies benefited various demographics, including African Americans, Hispanic Americans, Asian Americans, and individuals with disabilities. Trump's success on the economy is unmatched by other candidates.

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Everyday prices are too high, including food, rent, gas, and back-to-school clothes, which is called Bidenomics. A loaf of bread costs 50% more today, and ground beef is up almost 50%. There's not much left at the end of the month. Bidenomics is working. The price of housing has gone up, and it feels hard to get ahead. The speaker states they are very proud of Bidenomics.

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The Camilla Harris price hikes have cost the average family $28,000. Credit card debt is at an all time high, and the prices of things have never been like this before. To bring the prices down and have a good life, vote for Trump.

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Since Biden and Pelosi took control, the economy has taken a hit. Inflation has risen from 1.4% to 8.3%, mortgage rates have increased from 2.65% to over 7%, and rent prices have gone up by over $400. Real wages are declining, and energy prices have skyrocketed by 15%. This means your income is down and costs are way up. The speaker promises to fire Nancy Pelosi, cut federal spending, and get America back on track.

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Both Trump and Biden are boasting about their economic records, but the reality is that many Americans are struggling. One example is Keith Amato, a commercial fisherman who has no pension and relies on food stamps to survive. However, the price of food has skyrocketed due to inflation caused by funding wars and printing money. In fact, the price of basic food items like chicken, eggs, and milk has increased by 78%. To make matters worse, 30 million Americans, including Keith, had their food stamps cut to $23 a month. Meanwhile, the government is spending billions on foreign aid and bailing out banks. This economic disparity has led to half of Americans relying on credit cards to make ends meet, resulting in a record-breaking $1.1 trillion in credit card debt. Many families are forced to choose between basic necessities like food, gasoline, and medicine, leaving them in a state of desperation.

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Experts question how far policies can really go to affect food prices. "There's no silver bullet in terms of bringing down food costs." "We've went through a brutal inflationary cycle for food." "There's really nothing government policymakers could really do about this." "This is not something unique to The United States." "This has been felt around the world." "The uncertainties introduced by the current political climate also make it challenging to predict the future of grocery prices." "There's no doubt that tariffs will massively make things more expensive, especially food." "So any food that we import gets a lot more expensive when you add a tax on that." "Same thing with mass deportations." "So I think there's absolutely no doubt that things will get more expensive under some of the policies that we're seeing the Trump administration propose."

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The US is facing record inflation, the worst in 30 years, due to increased prices on essentials like bread and gas. The Build Back Better agenda aims to reduce living costs by making childcare and elder care more affordable and accessible for working families. This plan will be funded without additional costs to taxpayers.

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Wages are up and inflation is down under President Biden, whose record is moving things in a positive direction. However, the high cost of living in the United States remains a challenge. Conversely, it is claimed that costs are not going down, but going up, and inflation is also rising. This is attributed to Trump's reckless mismanagement of the economy.

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A loaf of bread costs 50% more today than before the pandemic. Ground beef is up almost 50%.

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Inflation has steadily cooled over the past two years despite seeing a slight stall in October and November 2024. Prices for items like gasoline, used cars, and energy have declined accordingly. But food prices continue to outpace inflation, increasing by 28% since 2019. Eighty six percent of consumers reported feeling frustrated with rising grocery prices, and over a third said they have resorted to buying fewer items to save money. That's one of the real gauges people have of their cost of living because it's an important aspect of their cost of living, and it's something that we have a lot of exposure to. We go to the grocery store. We pick up the different products. We look at the prices.

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The speaker argues that the affordability crises facing Americans are traceable directly to Joe Biden and congressional Democrats. The speaker attributes three specific failures to this leadership, presenting them as causal factors behind rising costs and economic strain. First, the speaker claims that homes have become unaffordable because “we had 20,000,000 illegal aliens in this country taking homes that ought by right to go to American citizens.” This assertion links housing affordability directly to immigration levels and a perceived misallocation of housing resources. Second, the speaker contends that tax bills have become unaffordable because “Democrats were raising taxes while congressional Republicans under president's leadership were now cutting taxes.” In this view, tax policy under Democrats is framed as punitive to ordinary Americans, in contrast to Republican tax reductions during the same period. Third, the speaker asserts that food has become more expensive due to “trillions of dollars” being printed and directed into “green scams that made our agricultural economy suffer while Americans were paying higher prices for food.” This claim connects monetary policy and climate-related or green initiatives with increased food costs. Across these points, the speaker emphasizes a consistent narrative: on each major affordability issue—housing, taxes, and food—the administration’s and Democrats’ policies are presented as the root cause. The speaker concludes with, “On every single one of those issues, mister president, I think we've made incredible progress,” signaling a claim of progress despite the cited problems. The statement implies that while the speaker believes progress has been made, the underlying causes identified for each affordability challenge remain central to the discussion.
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